Cameron on Defensive Over HSBC as Labour Digs In on Tax

February 11, 2015 3:20 PM

13
0

(Bloomberg) -- U.K. Prime Minister David Cameron defended his record on dealing with allegations of tax evasion at HSBC Holdings Plc as the opposition said there was “something rotten” at the heart of his government.

Opposition Labour leader Ed Miliband said Cameron’s Tory party received more than 5 million pounds ($7.6 million) in donations from people who avoided taxes through HSBC’s Swiss unit and compared the appointment of former HSBC chairman Stephen Green as a government minister to the decision to hire A...